Honda Q1 operating profit halves, hit by Trump tariffs and strong Yen

Honda Q1 operating profit halves, hit by Trump tariffs and strong Yen

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Japanese automaker Honda Motor reported a steep decline in first-quarter operating profit on Wednesday, as the impact of new US auto tariffs and a stronger yen weighed on performance. Operating income fell by about 50% year over year to ¥244.17 billion, significantly below the ¥323.48 billion average estimate compiled by LSEG. The sharp drop in […]

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